Middle East
Middle East
Malaysian miner seeks Singapore listing
Malaysian gold mining company Anchor Resources, also called Angka Alamjaya Sdn Bhd (AASB), has lodged its preliminary offer document for an initial public offering (IPO) on the Catalist board of Singapore Exchange. Anchor is engaged in the business of...
Middle East
U.S. coal industry on board ‘slow-motion train wreck’— report
U.S. coal industry on board 'slow-motion train wreck'— reportMcKinsey and Co. warns the U.S. coal industry is not just facing overcapacity, but also crippling liabilities that will outlive mine closures. It's been a dreadful year for the coal industry,...
Middle East
LAWRIE WILLIAMS: India won’t replace China as top resources consumer
Another day of excellent presentations from expert speakers at London' Mines & Money Conference. So much so that, as with the previous day, it’s difficult to pick out specific talks to write about in the time one has available....
Middle East
New doubts about Freeport’s Grasberg licence
Freeport's Grasberg licence extension not a sure thingThe deposit was first discovered in the 1930s and Freeport McMoRan has been mining copper, silver and gold at Grasberg in remote Indonesia since the 1970s. In terms of reserves, Grasberg is...
Middle East
China’s steel giants lost $11 billion in first 10 months of 2015
China’s steel giants lost $11 billion in first 10 months of 2015"Grasp revolution, increase production, relentlessly strike at imperialism, revisionism and reactionaries!" (Image by chinaposters.net on Flickr) Chinese steelmakers, determined to keep their world’s leadership in the sector, have...
Middle East
Adani wants opposition to its coal mine in Australia to be over by law
Adani wants opposition to its coal mine in Australia to be over by lawAdani's Carmichael project has been the focus of opposition by organizations ranging from the United Nations to green groups fighting new coal projects in the environmentally...
Middle East
Erdene intersects multiple high-grade gold-bearing structures at Bayan Khundii
The Altan Nar gold project (meaning Golden Sun) it is emerging as one of the most significant gold discoveries in Mongolia in the last few years. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to report high-grade...
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